According to “Taking off the glitz,” Darla Mercado of Investment News says that variable annuities are losing some of the benefits that made them so popular in the first place. Many living benefit features were added and made more attractive last year in order to …
In a follow-up hearing to the Labor and Treasury Departments request for information earlier this year, insurance companies want Washington officials to make it easier for employers to offer 401k annuities. Bloomberg’s article “Insurers Press U.S. to Let Employers Offer Annuities in Retirement Plans” by …
The list of the top variable annuities sold in bank channels this year was just compiled. The Bank Investment Consultant article “The Most Wanted List (of Variable Annuities,” by Kerry Pechter, talks about the most popular variable annuities of the year thus far. It’s well …
Prudential Financial Inc. and American International Group Inc. contributed to the United States’ largest variable annuity sales increase since 2007. According to Bloomberg’s “Variable-Annuity Sales Rise 11% as Prudential, AIG Post Gains” by Inyoung Hwang, the $35.5 billion in sales was an increase of 11% …
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